AURORA, Ontario, May 14, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) has announced that it has entered into underwriting agreements in respect of the offering of one series of Euro denominated senior notes (“Euro senior notes”) and one series of U.S. dollar denominated senior notes (“U.S. dollar senior notes”), as follows:… Continue reading Magna Announces Senior Notes Offerings
Author: Magna International Official News
Magna Announces 2025 Annual & Special Meeting Results
AURORA, Ontario, May 08, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2025 annual and special meeting of shareholders held on May 8, 2025. A total of 221,621,186 Common Shares or 78.66% of our issued and outstanding Common Shares were represented in person or by proxy… Continue reading Magna Announces 2025 Annual & Special Meeting Results
Magna Announces First Quarter 2025 Results
Comparing the first quarter of 2025 to the first quarter of 2024: – Sales decreased 8% to $10.1 billion, as global light vehicle production decreased 3%, which included 8% and 5% declines in Europe and North America, respectively – Diluted earnings per share of $0.52 and Adjusted diluted earnings per share of $0.78, compared to… Continue reading Magna Announces First Quarter 2025 Results
Magna International Inc. Announces Date for First Quarter 2025 Results Webcast
AURORA, Ontario, April 08, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC. ANNOUNCES DATE FORFIRST QUARTER 2025 RESULTS WEBCAST FRIDAY, MAY 2nd, 2025 @ 8:00 AM EDT LIVE AUDIO WEBCAST Webcast registration: https://events.q4inc.com/attendee/975055076 DIAL-IN DETAILS Participant Toll-Free Dial-In: 1-800-715-9871 Participant Toll Dial-In: 1-646-307-1963 Conference ID: 9829976… Continue reading Magna International Inc. Announces Date for First Quarter 2025 Results Webcast
Magna to Showcase Advanced Innovations at Auto Shanghai 2025
Magna’s vehicle technologies and high-performance parts and systems to be on display Key focus areas include sustainable innovations, ADAS, personalized brand experiences and complete vehicle solutions Press conference on April 24 at Magna Booth 2BC011 in Hall 2.2 SHANGHAI, April 08, 2025 (GLOBE NEWSWIRE) — For over 65 years, Magna has been at the forefront… Continue reading Magna to Showcase Advanced Innovations at Auto Shanghai 2025
Magna Posts 2024 Annual Report
AURORA, Ontario, March 28, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2024 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the… Continue reading Magna Posts 2024 Annual Report
Magna and NVIDIA Team Up to Advance Next-Gen Automotive Technologies
Magna to integrate NVIDIA DRIVE AGX, built on DRIVE Thor SoC, for next-generation vehicle intelligence Collaboration to deliver AI-powered, scalable solutions for ADAS and autonomous driving systems, enabling software-defined vehicles In-vehicle accelerated compute platform will enable advanced active safety and comfort functions, interior cabin AI solutions and more AURORA, Ontario, March 18, 2025 (GLOBE NEWSWIRE)… Continue reading Magna and NVIDIA Team Up to Advance Next-Gen Automotive Technologies
Magna Announces Fourth Quarter 2024 Results and 2025 Outlook
Fourth Quarter 2024 Highlights Sales increased 2% to $10.6 billion, in-line with global light vehicle production Diluted earnings per share of $0.71 and Adjusted diluted earnings per share of $1.69, compared to $0.94 and $1.33, respectively Generated $1.9 billion in cash from operating activities Returned $335 million to shareholders through dividends and share repurchases Raised… Continue reading Magna Announces Fourth Quarter 2024 Results and 2025 Outlook
Magna Expands Long-Term Innovation Partnership with Mercedes-Benz
Ongoing collaboration underscores commitment to innovation and excellence in the automotive industry Partnership strengthened through development and engineering services up to the production of the all-new electric model of Mercedes-Benz’s iconic off-roader Magna’s eDS Duo electric drive system demonstrates innovative approach to delivering advanced powertrain solutions AURORA, Ontario, Feb. 11, 2025 (GLOBE NEWSWIRE) — For… Continue reading Magna Expands Long-Term Innovation Partnership with Mercedes-Benz
Magna International Inc. Announces Date for Q4 & Year End 2024 Results and 2025 Outlook Webcast
AURORA, Ontario, Jan. 08, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC. ANNOUNCES DATE FOR Q4 & YEAR END 2024 RESULTS and 2025 OUTLOOK WEBCAST FRIDAY, FEBRUARY 14, 2025 @ 8:00 AM ET LIVE AUDIO WEBCASTWebcast registration: https://events.q4inc.com/attendee/672335329 DIAL-IN DETAILS Participant Toll-Free Dial-In: 1-800-715-9871 Participant Toll Dial-In: 1-646-307-1963… Continue reading Magna International Inc. Announces Date for Q4 & Year End 2024 Results and 2025 Outlook Webcast